Real Estate Opportunities Limited

Holding in Company

As at close of business on 21 August Davycrest Nominees Limited a/c 67104 was
the registered holder of 16,500,088 Ordinary Shares in the Company,
representing 8.37% of the Company's issued share capital. The Company has been
informed that the beneficial holder of these shares is Calyx Limited, c/o Anglo
Irish Bank, Isle of Man.



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